CARETRUST REIT INC (CTRE)

US14174T1079 - REIT

25.03  +0.16 (+0.64%)

Technical Rating and Analysis

10

Taking everything into account, CTRE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CTRE is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CTRE is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, CTRE also shows a nice and consistent pattern of rising prices.
CTRE is one of the better performing stocks in the Diversified REITs industry, it outperforms 86% of 127 stocks in the same industry.
CTRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTRE is lagging the market slightly.
CTRE has an average volume of 1311760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CTRE has a been trading in the 23.26 - 26.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CTRE Weekly chart
CTRE Daily chart
Setup Rating and Analysis

3

Although CTRE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

19.71

25.28

4 important support areas can be observed.

  • Support @24.97 from a horizontal line in the weekly time frame.
  • A support zone ranging from 23.47 to 24.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 20.86 to 21.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.91 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.31
Mansfield0.3
10 Day High26.43
10 Day Low23.58
20 Day High26.43
20 Day Low23.26
52 Week High26.43
52 Week Low18.18
Performance
1 Week0.81%
2 Weeks5.43%
1 Month1.88%
3 Month10.53%
6 Month11.93%
12 Month25.48%
2 Year34.21%
3 Year6.83%
5 Year2.3%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)62.87
LBB23.11
UBB25.46
CTRE Daily chart

CARETRUST REIT INC

NYSE:CTRE (5/7/2024, 9:04:48 AM)

25.03

+0.16 (+0.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.64%
1 Week0.81%
2 Weeks5.43%
1 Month1.88%
3 Month10.53%
6 Month11.93%
12 Month25.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.53
ATR(20)%1.99%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High26.43
10 Day Low23.58
20 Day High26.43
20 Day Low23.26
52 Week High26.43
52 Week Low18.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume26.44K
Volume Incr23.24%
Vol(5)1.16M
Vol(50)1.31M